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ThinkForex reviews




Average: 3.1 based on 17 reviews
3.09091
ThinkForex
ThinkForex broker reviews

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  • Website: www.thinkforex.com
  • Year since: 2010
  • Headquarters: Auckland, New Zealand
  • Company registration: Think Forex Capital Markets Ltd, (reg.#3222907), New Zealand
  • Regulation: FSPR in New Zealand (# FSP52861), FSCL.

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REVIEWS & RATINGS

Rating interpetation

Australia, Tom

April 2, 2012



3 Years Total
1 year LIVE with this Broker
3


Finally got my VPS backup at the end of March... Missed the most profitable EA week of the month...

However, ThinkForex said it will disconnect again on 15 April..... no point for me waste 2-3 hours reset all my EAs for just 2 weeks use....

Finally got my own VPS just $28 pm and start testing other Brokers, personally if you have your own VPS or you trade using your own machine, ThinkForex is ok. Just do not like they new Cloud MT4 and they force all old user switch to it without notice...(I do not agree it is a VPS)..........

Kazakhstan Lidiya Salogubova

March 26, 2012



4 years Total
10 months live with this Broker
4


Rob,
thank you for your proffesional assistance to resolve the last disunderstanding .

I am not sure that the last opened positions were made by ThinkForex. com broker.
I think it is my carelessness as I left my password opened to view.

Now when my password is changed I hope there will not be any problems between us.
Thank you again for your assistance.It's pleasure to trust the broker :-).

Australia, Tom

March 14, 2012



3 Years Total
1 Year with this Broker
1


Prior to my VPS issues I will give them 5 stars, but my VPS been down for more than 3 days and no idea when it will backup. Contact support many times and they just said they are working on it.. crap service.. not recommend anymore.
The new version of VPS Pro just a joke compare to old version of full function RDP...
Also the website said it running windows 7 but the system shows it is running on XP... ..!

New Zealand

February 19, 2012



5 years Total
6 months with this Broker
4


19/02/12
I work in the foreign exchange markets and as such have a bit of an idea as to what goes on. I must say I have been very happy with Thinkforex. Overall I have found them to be quite honest and responsive to even some of my silly questions ! :-) Rob is the Sales Manager there and I have found him to be professional and a great ambassador to the Company. The only issue I have with them is their trading criteria to use VPS which I thought was to high.

I would recommend this Broker.

David
Auckland

New Zealand, ThinkForex Management

February 15, 2012

Each individual trader has a unique experience depending on geographic location, computing resources, and other unique market factors. With this in mind ThinkForex provides a comprehensive and transparent review process open to all clients. Representatives are available, 24/5, during all market hours to assist with the review process from initiation to resolution. For the privacy and security of our clients we will not disclose or publically comment on any details related to a client account. We invite any client with a question regarding a trade or their forex account to contact us.

As a forex broker, ThinkForex is dedicated to working with each and every trader to expand forex education, enhance trading skills, and deliver beneficial resources. We welcome any questions and invite any interested individuals to contact us directly by phone, chat, or email.

Thank you,
ThinkForex Management

macedonia&deni

February 9, 2012



5 years Total
more than year with this Broker


I agree with Lidiya Salogobova ,if you make profit they start to hunt your stoploss clossed trades all at all very very bad ,I will withdraw my money from him and go to another broker STAY AWAY FROM THINK FOREX

manda

February 7, 2012



2 years Total
1 years with this Broker


Scam!!! This broker is scam!!

india,regani

November 17, 2011



1 year +8 months Total
8months live with this Broker
3


i see all brokers guide. think forex is low spread thats why i open live a/c .spread is low ,order excustion is slow and some wrong excustions
http://www.clickhost.in

ThinkForex Management, Auckland, NZ

October 18, 2011

Lidiya,

As indicated in our responses to your support requests you received an incorrect statement which was to be disregarded. Your account history and settings were checked and verified; all accurate history is available when viewed correctly from the MT4 platform. Additionally complete instructions were provided to assist you with printing statements directly from your MT4 platform along with a complete account history attached to your support request.

At any time any client can print statements directly from the MT4 platform to verify all accurate account trading history. MT4 allows users to set reporting periods of any all time frames to easily produce printed statements.

If you have any questions regarding your full account history statement, if you do not understand the instructions provided or require assistance with the statement printing process we are ready and willing to answer any questions or to walk you through the process.

Thank you,

ThinkForex Management


RussianFederation

October 11, 2011



Year Total
2 month demo 1 month live with this Broker
3


6/10 support
9/10 withdraw
6/10 trade (there is always connection problems if you trade with EA's......)
___________
=Neutral

New Zealand

October 5, 2011



2 Total
2 weeks with this Broker


This is my story with ThinkForex
I opened a demo and it worked fine until I went live. I was using their own VPS they claim to be the best in the industry, but their execution speeds were the poorest, an average of 2 seconds to close an order. I was using a scalping EA and as we all know speed is paramount to the success of any scalping strategy.
Furthermore, my EA started showing that the connection to broker is too slow. I contacted ThinkForex about it and all they said is that we are having some technical problems, no details. I had another account with another broker so I could compare execution speeds.
My advice is if you are using MDP or any other scalping EA stay away from this broker, I suspect they have put some mechanisms in place to slow it down.


Sam, Sri Lanka

September 7, 2011



6 Total
1 with this Broker
3


Execution is fast
Spread is good
Customer Service is bad (because they don't reply for your E-mails)

algeria

August 24, 2011



2years Total
1.5years live with this Broker
2


not really good broker

Stephan, Switzerland

May 4, 2011



4 Total
5 MONTHS LIVE with this Broker
5


Best MT4 Broker , they are a fast growing brokerage house, i have traded with some of the largest mt4 brokers over the course of my fx trading and by far ThinkForex has the best fills and spreads on market. Some brokers advertise a spread by they reject your order , every order I placed since I started trading has been executed correctly. Several of my EAs' are also profitable on this platform.

Highly recommend for anyone looking for a home for scalping pips !

Cheers

Abhi

April 29, 2011



2 yrs Total
2 weeks with this Broker
1


Great online support
Good Execution
Fast Update of Deposit
Withdrawal takes a lot of time

Spread on demo and standard live account were different when i opened the live account , demo had less spread .
As they say ultra low interbank spread , that's true , but it lasts only for 2 days of account opening , after that i never saw those spreads again . All forex pairs which they offer , spreads were increased .

I could not get an satisfactory answer from them so closed my account after 2 weeks .

Every time they had the same answer , the difference is because of liquidity . The time was London session that too on Tuesday and Wednesday , when because of liquidity my spreads were increased .

Apart from that no issues .